Stay on top of your trading with analyses of the latest market news.
Key points: Apple and Tesla drive S&P 500 higher. Manufacturing PMI weakens in June. Chewy drops despite Keith Gill’s stake disclosure. The stock market experienced gains on Monday, driven by strong performances from Apple and Tesla. Despite light pre-holiday trading, …
Key points: The dollar gained strength due to rising U.S. Treasury yields, affecting low-yielding currencies like China’s yuan and Japan’s yen. The yen hit its lowest level since 1986 against the dollar, sparking concerns of potential intervention by Japanese authorities. …
The US dollar dipped after inflation data signaled potential Fed rate cuts. Key economic reports next week, including nonfarm payrolls, will guide market expectations.
Key points: The US dollar index fell following PCE inflation data showing unchanged prices in May. Markets shift focus to the upcoming nonfarm payrolls report for further market direction. Market expectations for Fed rate cuts this year increased after inflation …
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